Word: divested
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...Justice wins its suit, Inco will have to divest itself of its U.S. subsidiary, eliminate fill interlocking ownership of the two companies...
...such cartel practices as: ¶ Dividing the world into noncompetitive markets. ¶ Restricting production. ¶ Fixing prices on matches, match machinery and match chemicals. ¶ Suppressing the manufacture of new "everlasting" or re-ignitable matches. The U.S. defendants, headed by big Diamond Match, were told (and agreed) to divest themselves of each other's stock, get rid of interlocking directorates...
...surprised. Most holding companies gave up hope long ago and began breaking up their systems. North American, whose appeal in 1943 from a Government order to divest itself of its 80 companies brought the Supreme Court into the fight, is still largely intact. It will now have to confine its activities to St. Louis (the Union Electric...
...week: "What can we do about starvation? We have only eight Government officers in a city of nearly three million." In another prefecture, less than half the 250 war plants that wanted to make peacetime products have even been examined-and after each such survey, it takes weeks to divest local Jap authorities of their national aptitude for red tape, graft and apathy, before the factory gets going again...
...appointment, yet to be confirmed by stockholders, lies a struggle by Chicago's American Light and Traction Co. to boost the price of Detroit Edison stock. A.L. & T. holds 1,289,205 shares of Detroit Edison, which it purchased for $53 million. SEC has ordered A.L. & T. to divest itself of its Edison holdings. But the present market value at 19⅞ is only a little over $25 million. A.L. & T. naturally dislikes to take the huge loss...